C&J Energy Services (CJES) Shares Cross Below Book Value

In trading on Monday, shares of C&J Energy Services Inc. (CJES) crossed below their last reported book value — defined as common shareholder equity per share — of $13.66, changing hands as low as $13.46 per share. C&J Energy Services Inc. shares are currently trading down about 6.7% on the day. The chart below shows the one year performance of CJES shares, versus its 50 and 200 day moving averages:

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C&J Energy Services Inc. Moving Averages Chart

Looking at the chart above, CJES's low point in its 52 week range is $13.46 per share, with $34.93 as the 52 week high point — that compares with a last trade of $14.22.

According to the ETF Finder at ETF Channel, CJES makes up 1.49% of the SPDR S&P Oil & Gas Equipment & Services ETF ( XES) which is trading lower by about 3.7% on the day Monday.

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